Debt on Non-concessional terms in Gambia

Gambia: Debt on Non-concessional terms was 85.59 million current US$ in 2011. ◆ Volatile

Latest (2011)
85.59 million current US$
Change on year
down 33.5%
World rank
47th
of 50 countries
All-time high
128.66 million current US$
in 2010
All-time low
0 current US$
in 1970
Years of data
42
1970–2011

Debt on Non-concessional terms in Gambia, 1970–2011

050.0M100.0M150.0M1970199020111970: 0 current US$1971: 217.0k current US$1972: 195.0k current US$1973: 188.0k current US$1974: 186.0k current US$1975: 152.0k current US$1976: 1.2M current US$1977: 13.2M current US$1978: 26.1M current US$1979: 39.8M current US$1980: 68.5M current US$1981: 85.9M current US$1982: 107.0M current US$1983: 105.2M current US$1984: 121.9M current US$1985: 122.4M current US$1986: 111.0M current US$1987: 120.6M current US$1988: 112.8M current US$1989: 112.4M current US$1990: 119.0M current US$1991: 113.7M current US$1992: 105.3M current US$1993: 115.6M current US$1994: 87.1M current US$1995: 64.7M current US$1996: 58.1M current US$1997: 36.8M current US$1998: 42.4M current US$1999: 54.0M current US$2000: 69.2M current US$2001: 72.3M current US$2002: 90.2M current US$2003: 88.8M current US$2004: 72.7M current US$2005: 60.4M current US$2006: 53.1M current US$2007: 46.4M current US$2008: 40.8M current US$2009: 123.1M current US$2010: 128.7M current US$2011: 85.6M current US$

Source: World Bank, Global Development Finance. Measured in current US$.

Analysis

In 2011, debt on non-concessional terms in Gambia stood at 85.59 million current US$.

The figure is down 33.5% on the previous year and up 18.3% over ten years.

Over the whole period, debt on non-concessional terms in Gambia peaked at 128.66 million current US$ in 2010 and was at its lowest, 0 current US$, in 1970.

That places Gambia 47th out of 50 countries with data for 2011, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.12 million current US$ 0 current US$ 39.83 million current US$ 10
1980s 106.77 million current US$ 68.52 million current US$ 122.44 million current US$ 10
1990s 79.67 million current US$ 36.77 million current US$ 119.04 million current US$ 10
2000s 71.70 million current US$ 40.79 million current US$ 123.08 million current US$ 10
2010s 107.13 million current US$ 85.59 million current US$ 128.66 million current US$ 2

Countries ranked near Gambia

  1. 44 Eritrea 159.07 million current US$ compare
  2. 45 Rwanda 137.28 million current US$ compare
  3. 46 Lesotho 132.72 million current US$ compare
  4. 48 Guinea-Bissau 82.38 million current US$ compare
  5. 49 Sao Tome and Principe 58.28 million current US$ compare
  6. 50 Comoros 32.44 million current US$ compare

See the full ranking of 56 places →

More external debt data for Gambia

All data for Gambia →

Frequently asked questions

What is debt on non-concessional terms in Gambia?
Debt on non-concessional terms in Gambia was 85.59 million current US$ in 2011, according to World Bank, Global Development Finance.
What is the highest debt on non-concessional terms recorded in Gambia?
The highest recorded value was 128.66 million current US$ in 2010.
What is the lowest debt on non-concessional terms recorded in Gambia?
The lowest recorded value was 0 current US$ in 1970.
How does Gambia rank for debt on non-concessional terms?
Gambia ranks 47th out of 50 countries with data for 2011.
Is debt on non-concessional terms rising or falling in Gambia?
Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
Where does this Gambia data come from?
The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Debt on Non-concessional terms (current US$)
Unit
current US$
Source
World Bank, Global Development Finance
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 2,243 data points, 1970–2011
Last refreshed

Non-concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. This is the difference between the total debt outstanding and disbursed less debt on concessional terms.  Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.  Data are in current U.S. dollars.